By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Purchase, N.Y. – For CE retailers that opened their doors on Thanksgiving the gambit may have paid off.
According to a MasterCard SpendingPulse report, CE sales enjoyed triple-digit growth on turkey day compared to 2012, as consumers proved eager to leave the dinner table for doorbuster deals on tablets, TVs and other tech devices.
But the heavy holiday draw ate into Black Friday sales, which declined slightly for CE.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.
New York – More than one-third of shoppers purchased CE products over Thanksgiving and Black Friday, a weekend survey shows, and the majority of them bought tablets.
Hoffman Estates, Ill. — Sears and Kmart will continue their tradition of opening their stores on Thanksgiving Day.
Kmart, which has done so for the past 22 years, will open its doors at 6 a.m. on turkey day, and will remain open for the next 41 hours, through 11 p.m. Black Friday evening.
Sister chain Sears will open for the third consecutive Thanksgiving, beginning at 8 p.m., and will continue to operate through 10 p.m. Black Friday night.
New York – Despite criticism of some retailers’ Thanksgiving Day store hours, 17 percent of consumers plan to shop on the holiday, a new survey shows.
The poll, by The International Council of Shopping Centers (ICSC) and Goldman Sachs, found that 41 million Americans plan to take advantage of the increased Thanksgiving hours.
The chief reason for shopping on Thanksgiving, cited by one-third of consumers, was that it would be “an earlier opportunity to find bargains,” reported ICSC chief economist and research VP Michael Niemira.
I have been reading the pro and con arguments surrounding the decision by several retailers to open their doors Thanksgiving evening.
Up until today, my opinion has been that the trend is a negative for our country and society. There should be a time, albeit ever so briefly, when everyone gets to go home and enjoy a day with their family or just loafing around.
However, it occurred to me that I and the other detractors have put on blinders regarding this issue.